TAX STRUCTURING - Corporate Catalyst India

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ACCOMMODATION “Can the lease arrangement for expatriate accommodation be optimised for tax purposes?” 18
ACCOMMODATION Rent Free Accommodation („RFA‟) - Accommodation provided by employer is treated as a perquisite and taxed at 15% of salary House Rental Allowance („HRA‟) - Reimbursement of lease amount for accommodation leased by the employee himself is considered as an allowance, which is taxed on actual, as reduced by the lower of 50% of salary allowance received from employer excess of rent paid over 10% of salary “Difference in tax incidence under both arrangements can cause optimisation of take home pay” 19
Page 1 and 2: TAX STRUCTURING Key Issues For Fren
Page 3 and 4: Scope of Taxation Resident Non Resi
Page 5 and 6: Scope of Taxation OVERVIEW Arrival
Page 7: Taxable Income Salary & Allowances
Page 11 and 12: REGIONAL RESPONSIBILITY - CASE STUD
Page 13 and 14: 13 13
Page 15 and 16: A specific provision under the tax
Page 20 and 21: Example ACCOMMODATION a) Cost of Em
Page 22 and 23: PENSION & MEDICAL FUND CONTRIBUTION
Page 24 and 25: PENSION & MEDICAL FUND CONTRIBUTION
Page 26 and 27: TAX EQUALISATION “ An expatriate,
Page 28 and 29: TAX EQUALISATION - CASE STUDY Take
Page 31 and 32: REGULATORY ISSUES “ Is it possibl
Page 33 and 34: REGULATORY ISSUES Salary paid outs
Page 35 and 36: CCI - joint venture with SCS Global
Page 37 and 38: THANK YOU Sunil Arora I Director I
Page 39 and 40: EXCHANGE CONTROL REGULATIONS Extrac

TAX STRUCTURING - Corporate Catalyst India

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